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Updated: Aug 05, 2026
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| Certification Vendor: | Oracle |
| Exam Name: | Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional |
| Exam Number: | 1Z0-1054-26 |
| Available Languages: | English |
| Exam Price: | USD 245 |
| Certificate Validity Period: | 2 years |
| Related Certifications: | Oracle Fusion Cloud Financials: General Ledger Certified Implementation Specialist |
| Exam Format: | Multiple Choice, Hands-on Performance-based |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 36 |
| Passing Score: | 68% |
| Recommended Training: | Become a Certified Financials - General Ledger Implementer |
| Exam Registration: | Oracle University Exam Registration |
| Sample Questions: | Oracle 1Z0-1054-26 Sample Questions |
| Exam Way: | Online proctored or onsite at Oracle testing centers |
| Pre Condition: | No prerequisites required. Candidates with valid/lapsed 2019+ General Ledger implementation certifications qualify for free Delta exam. |
| Official Syllabus URL: | https://education.oracle.com/ouexam-pexam_1z0-1054-26/pexam_1Z0-1054-26 |
| Section | Weight | Objectives |
|---|---|---|
| Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency |
| Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts |
| Implementing Enterprise and Financial Reporting Structures | 15% | - Configuration of Financial Reporting Structures - Key features and capabilities of Enterprise and Financial Reporting Structures
|
| Processing Intercompany | 15% | - Intercompany transaction processing and reconciliation - Intercompany transaction configuration |
| Implementing Ledgers | 15% | - Ledger configuration |
| Performing Period Close | 15% | - Period Close configuration - Period Close process overview |
| Configuring Financial Reports | 15% | - Financial report and analysis creation
|
| Implementing and Managing Journals | 20% | - Journal configuration - Key features and capabilities of journal processing |
1. When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?
A) when the journal is not balanced by the primary balancing segment value (BSV)
B) when the journal is balanced by the primary BSV but not by second or third BSV
C) when the journal is balanced by second balancing segment value
D) when there is a many-to-many journal and you want to use a clearing company
2. In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
A) They can have the System Administrator configuring pages for them using Page Composer
B) They can use "+" under the Apps section of the News Feed homepage
C) They can format certain tables by hiding and showing columns, moving columns, and resizing columns
D) Users have very little control configuring their Springboards and Work Areas; they can only resize columns
3. You define intercompany balancing rules that are applied to a specific source and category, such as Payables and Invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which statement on intercompany configuration is true?
A) You must define intercompany balancing rules for all sources, categories, and transaction types.
B) You can create a rule for all sources and categories by selecting the source " Other " and category " Other "
C) Intercompany balancing evaluates the rules in the following order: ledger, legal entity, chart of accounts, and primary balancing segment value.
4. You want to create an Ad Hoc Analysis in Smart View; you enter the following dimensions for the report and click Refresh in the POV.
You get #Missing instead of a balance. What value did you not specify, which resulted in this?
A) Intercompany
B) Product
C) Cost Center
D) A particular currency
5. You need to integrateFusion Accounting Hubwithexternal source systemsused forBilling. Identify the step that isnot correctwhen implementing this integration.
A) Capture accounting events.
B) Create the accounting in the source system and then import the journal entries into subledger accounting.
C) Determine the accounting impact of transactions.
D) Analyze external system transactions.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: B |
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